-

GasEntec and Samsung Heavy Industries Announce MOU on Commercializing Small-Scale LNG Liquefaction

Samsung Heavy Industries to partner with GasEntec to commercialize liquefaction technology for small-scale applications below 1 million tons per annum.

BANGKOK--(BUSINESS WIRE)--GasEntec Co. Ltd. (“GasEntec”) and Samsung Heavy Industries Co. Ltd. (“SHI”) have entered into a memorandum of understanding (MOU) for GasEntec to license SHI’s SENSE liquefaction technology for small-scale applications between 50,000 and 1 million tons per annum. Under the MOU, GasEntec and SHI are pursuing the first commercial licensing of SENSE to a party outside SHI.

Small-scale LNG is an active segment as producers and industrial users seek to monetize stranded gas without the capital intensity of large-scale liquefaction trains. Potential applications for SENSE at this scale include local LNG production for ports and marine corridors, onward distribution of LNG from local piped gas, monetization of stranded gas resources, and fuel supply for remote power, industrial, or bunker use.

GasEntec brings more than a decade of downstream experience integrating modular LNG systems across floating and onshore infrastructure, including regasification, gas handling and logistics equipment supporting global LNG supply chains. The collaboration is extending GasEntec's capabilities midstream into liquefaction.

“As global LNG capacity expands, liquefaction technology is entering a new cycle of innovation and diversification,” said Brian Yoon, Chief Executive Officer of GasEntec. “Our partnership with SHI brings their proven liquefaction technology to the small-scale segment, backed by our expertise integrating modular LNG systems worldwide, for the first time. Customers will be able to access an integrated platform that enables flexible solutions spanning liquefaction through to downstream delivery.”

SHI developed its SAMSUNG Enhanced Nitrogen Split Expansion (‘SENSE’) technology to achieve efficiencies in excess of standard natural gas liquefaction processes. The technology features a gas expansion process that uses nitrogen and methane as single-component refrigerants, with the entire process operating in a gaseous state, thereby increasing stability and operational convenience.

“Our award-winning SENSE natural gas liquefaction system is the result of nearly a decade of research and development, validated through more than 1,000 hours of demonstration testing,” said Youngkyu Ahn, Executive Vice President and Chief Technology Officer of SHI. “We are pleased to partner with GasEntec to deliver small-scale applications of our technology, based on their proven ability to deploy innovative LNG technology at scale.”

The MOU covers the licensing of SENSE for small-scale liquefaction. SHI will continue to offer liquefaction technology for larger-volume applications directly, including floating LNG projects.

About GasEntec

GasEntec is an energy technology platform delivering fast, modular LNG infrastructure essential to meet accelerating global demand for digital infrastructure, AI expansion, flexible baseload fuels, and sovereign energy security.

Its dual-business model combines a technology business built on credentialed modular LNG intellectual property with a scalable asset platform that sells, leases, or charters integrated LNG solutions.

GasEntec’s modular floating and onshore LNG systems enable rapid, scalable deployment of downstream LNG infrastructure, providing clients with integrated solutions to distribute LNG to and within critical markets.

Founded in 2013 in South Korea, GasEntec has become a key provider of modular LNG infrastructure and equipment supporting global LNG logistics and regasification.

About Samsung Heavy Industries Co., Ltd.

Samsung Heavy Industries Co., Ltd. (“SHI”), founded in 1974 and headquartered in South Korea, is one of the world's largest shipbuilders and maritime engineering firms. As one of South Korea's "Big Three" shipbuilders, the company has successfully executed numerous groundbreaking, large-scale shipbuilding and offshore Engineering, Procurement, and Construction (EPC) projects, all aimed at achieving global leadership in every market segment.

SHI focuses on high-value vessels, technological advancements, and sustainable practices. This includes pioneering eco-friendly ship designs, autonomous marine systems, automation, and digitalization, alongside the exploration of new markets such as floating small modular reactors (FSMRs) and floating data centers.

Contacts

Steve Olson
Chief Marketing Officer
steveo@gasentec.com
+1 (770) 710-4768

Montieth & Company
gasentec@montiethco.com

GasEntec


Release Versions

Contacts

Steve Olson
Chief Marketing Officer
steveo@gasentec.com
+1 (770) 710-4768

Montieth & Company
gasentec@montiethco.com

More News From GasEntec

GasEntec Receives Approval in Principle from Lloyd's Register for 1 Bcf/d Multi-Mode Regasification System, Among the World's Largest and Most Flexible FSRU Designs

BANGKOK--(BUSINESS WIRE)--GasEntec, the global LNG technology and assets company, announced it has received Approval in Principle (AiP) from Lloyd's Register for the design of a 1 billion cubic feet per day (Bcf/d) liquefied natural gas (LNG) floating storage and regasification unit (FSRU) integrating a multi-mode regasification system. The AiP follows an independent concept-stage review by Lloyd’s Register of the design's technical and safety fundamentals, and was formally presented during Gas...

GasEntec Announces New Ownership Structure, Accelerating Next Phase of Global Growth

SAN FRANCISCO--(BUSINESS WIRE)--GasEntec Holdings Inc., a global LNG technology and assets company, today announced a new ownership structure designed to accelerate GasEntec’s next phase of growth and expand the commercialization of its proprietary LNG technologies and solutions. A consortium led by the Groupe Mimran has acquired a majority stake in GasEntec Holdings Inc., the US holding company, supporting GasEntec’s global growth. Under the new structure, GasEntec Holdings is the parent compa...

GasEntec to Deliver Landmark Dakar LNG Terminal Supporting Senegal’s Energy Transition

NEW YORK--(BUSINESS WIRE)--GasEntec, the global LNG technology and assets company, along with affiliates, has announced today that it has entered into contracts with ELTON Logistics & Services to deliver a jetty-based LNG regasification unit (JRU) and associated onshore LNG equipment for the Dakar LNG Terminal in Dakar, Senegal. The new LNG terminal will become West Africa’s flagship LNG import facility, supplying natural gas to a 300MW combined-cycle power plant in Cap des Biches, Dakar –...
Back to Newsroom